Hedge fund millionaire saves Queen Victoria’s coronet

Queen Victoria’s beloved diamond and sapphire coronet, designed by Prince Albert, has been donated to the Victoria & Albert Museum in London after a year-long struggle to keep it in the UK.

The coronet, which was first worn by Victoria in the 1840s, is valued at £5m.

Its last named owner was the 7th Earl of Harewood after it had been handed down through several of the monarch’s descendants.

Coronet: export was banned

The tiara was bought in 2016 by an anonymous overseas buyer but the government stepped in to ban the export, hoping another purchaser would ensure that it was kept in the UK and would go on public display.

After a 12-month tussle William Bollinger, an Irish-American hedge fund tycoon, stepped in to buy it for the…

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